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Jan 24, 2013
01/13
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FOXNEWSW
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he, of course, is the highest earner. 37 in live in texas which is a no tax state. 67 live in florida, also no taxes and several democratic lawmakers in california came out today and said, look, they don't believe high taxes force anybody out of this state, shep. >> shepard: trace gallagher in los angeles. trace, thanks. the family of the legendary linebacker junior is ais now suing the national football league over his death. their claiming the league deliberately ignored and hid evidence of hits of repeated hits to the head. those hits led to the brain disease that caused sao's suicide. when he killed himself last year he had a degenerative brain condition associated with head trauma. he played 20 playoff season and suffered multiple concussion. his family says in later years he forgot things, couldn't sleep was depressed. no response yet in nfl officials. the league has consistently denied similar allegations. there is a man begging on a street in oregon. and he is asking for a whole lot more than loose change. this guy is after a kidney. and the thing is, it looks like it may have
he, of course, is the highest earner. 37 in live in texas which is a no tax state. 67 live in florida, also no taxes and several democratic lawmakers in california came out today and said, look, they don't believe high taxes force anybody out of this state, shep. >> shepard: trace gallagher in los angeles. trace, thanks. the family of the legendary linebacker junior is ais now suing the national football league over his death. their claiming the league deliberately ignored and hid...
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Jan 25, 2013
01/13
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WMAR
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eye 78
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. >> the squatter simply had to file a legal notice, pay taxes and liens and openly live in the house. if the owner does not object and the bank does not take action, the house is legally his in seven years. >>> an uninvited visitor caused a buzz at the white house. a pesky fly decides to ovr around president obama's face as he was announcing the nomination for the s.e.c. it landed in his forehead. but this fly got a presidential pardon, unlike the one he famously splattered during an interview four years ago. >>> and from l.a., a rescue worthy of hollywood. it featured a small dog and a somewhat elaborate zip line system. the pooch had gotten on to a small island in l.a.'s mcarthur park. it was slivhivering in the rain. but the rescue squad set up the zip line. no one knows who owns the dog. it doesn't have a microchip. >>> and turning to england, a woman fell straight into a canal, that's right, while texting as she walked. she wasn't paying attention and said the gray ice looked like pavement. a passerby helped her out. and other than being embarrassed and a bit cold, she was fine.
. >> the squatter simply had to file a legal notice, pay taxes and liens and openly live in the house. if the owner does not object and the bank does not take action, the house is legally his in seven years. >>> an uninvited visitor caused a buzz at the white house. a pesky fly decides to ovr around president obama's face as he was announcing the nomination for the s.e.c. it landed in his forehead. but this fly got a presidential pardon, unlike the one he famously splattered...
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Jan 21, 2013
01/13
by
FBC
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eye 79
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the 9 billion is all tax deductible. the irs says the compensation to homeowners as the cost incurred in the course of doing business and is not a fine or penalty but the result of wrongdoing. i say if they didn't do anything wrong there probably wouldn't be showing -- shelling of billions of dollars. we should not be footing any part of the bill for the mistake . as one homeowner put it, the government comes after us for every little bit of money we have. that's because we aren't too big to fail. we just have to bail out the ones that are. that's what i think. now we want to know what you think. here's our question. should banks be allowed to deduct the mortgage settlement? log on to gerriwillis.com, vote on the right inside the screen and all share the results of the end of the show. not to the latest developments in the hostage situation in algeria. one american reportedly dead a takeover and natural gas plant by islamic militants. algerian news agencies report around 100 foreign workers are freed. the fate of 30 othe
the 9 billion is all tax deductible. the irs says the compensation to homeowners as the cost incurred in the course of doing business and is not a fine or penalty but the result of wrongdoing. i say if they didn't do anything wrong there probably wouldn't be showing -- shelling of billions of dollars. we should not be footing any part of the bill for the mistake . as one homeowner put it, the government comes after us for every little bit of money we have. that's because we aren't too big to...
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Jan 28, 2013
01/13
by
CNBC
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eye 104
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over the weekend, we had some news that japan was going to rely less on debt and more on taxes. you would think that bond yields would go down on that. but you can see here, they've really popped up.if japan start of their bond market, it's going to be a big, big problem. so, you get out of the dxj if you have the ability to short japanese government bonds, do it now. >> and tim, some of the other fundment am reasons that are going on in the population of japan, people are older, they're saving less, i mean, the savings right now is the same here in the united states. 2%. >> yeah, i think this continues. i think what's fundamentally different is that japan is actually seeking to pursue a budget deficit approach. they are effectively a trade surplus, budget surplus country. they are really pushing a weaker yen. this is leading to mass currency war talk. this is a big theme in davos, something that we've been hearing out of the emerging market countries. what is interesting now, a couple of the places like brazil and south africa, have inflation issues and they cannot weaken their
over the weekend, we had some news that japan was going to rely less on debt and more on taxes. you would think that bond yields would go down on that. but you can see here, they've really popped up.if japan start of their bond market, it's going to be a big, big problem. so, you get out of the dxj if you have the ability to short japanese government bonds, do it now. >> and tim, some of the other fundment am reasons that are going on in the population of japan, people are older, they're...
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149
Jan 24, 2013
01/13
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KNTV
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it's outrageous, us as tax paying citizens should not have to accept. >> these are the low level crimes that the police do not focus on. and exactly the types of crimes he will want police to crack down on when he begins a contract next month advising the department. in other cities, he has worked under the broken window theory. that says, if less serious crimes are not dealt with the overall crime rate will go up. at a city council meeting that ended after 2:00 in the morning the council voted 7-1 to approve a 250,000 contract to hire him. his opponents seem more concerned with the support of a stop and frisk policy. they feel it will lead to racial profiling. >> you are bringing in somebody very controversial. it's going to be an up hill battle. >> late this afternoon, the council's decision was defended to bring him on board. >> he is neither the devil, nor a savior, he is part of a team. >> this plan is not about him, it's about policy partnership. >> and the police chief went on to say that he will not be attending community meetings as part of his contract with the city. and he is
it's outrageous, us as tax paying citizens should not have to accept. >> these are the low level crimes that the police do not focus on. and exactly the types of crimes he will want police to crack down on when he begins a contract next month advising the department. in other cities, he has worked under the broken window theory. that says, if less serious crimes are not dealt with the overall crime rate will go up. at a city council meeting that ended after 2:00 in the morning the council...
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Jan 27, 2013
01/13
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KPIX
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eye 171
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we are the highest tax increase in the country and it will not be good for business to have the tax increase. coming from that perspective, absolutely right. it's great to have a governor with a positive attitude. there's been a lot of negativism in the state and good to see the positivive attitude, things like education, we're with them. the thing that care rid them is the people's positive attitude about education. >> it's interesting, you have a democratic governor that is standing between you and the legislature, you're halfway happy about it. >> thank you. >> we'll be right back ♪ chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. support for gun control. >>> welcome back. dozens of people walked along the waterfront this weekend to show support for gun control. the event was organized by the group one million moms for gun control. the largest of which was held in washington d.c., that's where members of the newtown, connecticut community joined in with thousands of others d emanding action. >> if it can happen in newt
we are the highest tax increase in the country and it will not be good for business to have the tax increase. coming from that perspective, absolutely right. it's great to have a governor with a positive attitude. there's been a lot of negativism in the state and good to see the positivive attitude, things like education, we're with them. the thing that care rid them is the people's positive attitude about education. >> it's interesting, you have a democratic governor that is standing...
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125
Jan 22, 2013
01/13
by
KICU
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eye 125
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"no one likes being taxes. but you don't have a choice." now, if you make 50,000 a year..you'll pay roughly a thousand dollars more in payroll taxes for the year. every two weeks your take-home pay--roughly 36-dollars less. retailers expect it to affect consumer spending. "the likelihood is that it will. we've seen them cutback during the holidays and we expect this 'austerity' to be here for awhile until they get their 'sea-legs' under this program" but getting those sea-legs may take months. "i'm not happy about it. so has it affected your spending? yes, i'm getting cheaper lunches than i would normally." but is it enough to stall the economic recovery? "trend right now is they've pulled back. but it's boring so we'll eventually be back to $5 starbucks and spending a little extra for a device we look for. "we've are going to see a drag. but we have other sectors that will pick up the slack, such as housing. so will it stall us out? no. would having that money have helped? probably." susan schmidt says another sector doing well three weeks
"no one likes being taxes. but you don't have a choice." now, if you make 50,000 a year..you'll pay roughly a thousand dollars more in payroll taxes for the year. every two weeks your take-home pay--roughly 36-dollars less. retailers expect it to affect consumer spending. "the likelihood is that it will. we've seen them cutback during the holidays and we expect this 'austerity' to be here for awhile until they get their 'sea-legs' under this program" but getting those...
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Jan 27, 2013
01/13
by
CNNW
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eye 138
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we'll be back in one hour with live news coverage. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
we'll be back in one hour with live news coverage. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
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Jan 27, 2013
01/13
by
CSPAN2
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which is a consequence of any kind of market change and also a consequence of the carbon tax. that dribble trickles down to the consumer and changes habits. that turns the tables a little bit. seems to me that our inability as the public to make sacrifices makes us more of beholding to companies we don't like. >> guest: right. there's truth in that. and it's interesting, i was trying to think about this question of this price that people would have to pay to address climate change in particular, and no public in any era wants to volunteer for higher prices in their household expend kit tours. our politic shows that where the public saw a threat -- itch they thought their children were more likely to get asthma or develop respiratory disease because of air pollution that was unaddressed or their children were likely -- more likely to be exposed to cancer as a result of pollution in water supply, that people are willing to pay a price, whatever the price was, to protect their living generation from that danger. the problem with climate is it's over the horizon and the dangers ar
which is a consequence of any kind of market change and also a consequence of the carbon tax. that dribble trickles down to the consumer and changes habits. that turns the tables a little bit. seems to me that our inability as the public to make sacrifices makes us more of beholding to companies we don't like. >> guest: right. there's truth in that. and it's interesting, i was trying to think about this question of this price that people would have to pay to address climate change in...
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Jan 23, 2013
01/13
by
WETA
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no matter your tax rate, contributing to a 401(k) can help you save money on taxes and boost your retirement security. your contributions to a traditional plan are not included in your taxable income, and earnings on roth contributions are tax-free. the good news for savers is that in 2013 401(k) limits go up to $17,500, and employees aged 50 or over can contribute an additional $5,500. but, at the end of 2011, the average account balance in 401(k)s nationwide was just under $60,000. if you're not sure you're doing all you can to lower your taxable wages and secure your retirement, finras new 401(k) save the max calculator can help you do the math to find out. i'm gerri walsh. >> tom: join us tomorrow on twitter for a tweet-up, that's when you meet together on twitter. we'll talk about teaching kids about saving money. alisa weinstein, co-founder of helpkidsfly.org and author of "earn my keep" will be our guest. here's what you do: follow us on twitt at bizrpt, and use the tweet-up hashtag "financial education". that's tomorrow, thursday at 3 pm eastern. susie, we're really looking forward t
no matter your tax rate, contributing to a 401(k) can help you save money on taxes and boost your retirement security. your contributions to a traditional plan are not included in your taxable income, and earnings on roth contributions are tax-free. the good news for savers is that in 2013 401(k) limits go up to $17,500, and employees aged 50 or over can contribute an additional $5,500. but, at the end of 2011, the average account balance in 401(k)s nationwide was just under $60,000. if you're...
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48
Jan 24, 2013
01/13
by
FBC
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eye 48
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they are paying higher taxes, they are seeing a smaller payroll check. neil: that apple could have charged a premium for their products because they are cool. >> they could easily lose their cool. is it still taught everything to say that i have the iphone? not exactly. samsung has the cool power right now. a lot of competitors are coming out with very cool phones. if you are the tech guy, you are leading the way. you are looking for the newest and best and brightest thing that is out there and apple hasn't given us anything. neil: we are talking about a lot of advanced products. the new big thing is somethingnw that i may not hear about. >> well, i think the what wenize have to recognize about apple -a i'm not talking about apple tv. i'm talking about the version four. the one where they actually -- let's just work this out for a second. [talking over each other] [talking over each other] >> there is a point in time when you were going to watchady everything, you know, on the internet ready phones. kille tv is a step in that direction. tnk apple killed
they are paying higher taxes, they are seeing a smaller payroll check. neil: that apple could have charged a premium for their products because they are cool. >> they could easily lose their cool. is it still taught everything to say that i have the iphone? not exactly. samsung has the cool power right now. a lot of competitors are coming out with very cool phones. if you are the tech guy, you are leading the way. you are looking for the newest and best and brightest thing that is out...
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48
Jan 28, 2013
01/13
by
CNBC
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eye 48
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they're already working here and are paying some taxes. this will get them fully on the tax rolls. even more important than that for the future of the economy, this will give us the workers we need the the future. both high skilled workers like scientists and low skilled workers that will help grow the economy. >> i would really like to know how you overcome zen phobia. the idea that immigrants come here and steal our jobs. i mean, i always felt the fact of the matter is they're often doing the jobs the locals don't ef want to do. but how do we get over that? >> obviously people are wary of this, but when -- people do -- for example, many americans now realize that they're not raising their kids to be farm workers. many americans realize that they're not raising their kids to be home health aides. home health aid is the fastest growing job in america right now. americans realize that's not what they're raising kids to be. the fact of the matter is, most americans are in the middle of the education spectrum. we've mostly graduated from high school, but we don't have the ph.d.s, we d
they're already working here and are paying some taxes. this will get them fully on the tax rolls. even more important than that for the future of the economy, this will give us the workers we need the the future. both high skilled workers like scientists and low skilled workers that will help grow the economy. >> i would really like to know how you overcome zen phobia. the idea that immigrants come here and steal our jobs. i mean, i always felt the fact of the matter is they're often...
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68
Jan 24, 2013
01/13
by
FBC
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eye 68
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in reminds you what happened in washington, you remember solyndra, with dead folks getting homebuyer tax credits. chris, what do you make of this? >> this is something we're familiar with in the united states. medicare for example, we've seen a lot of prosecutions over the years of organized crime folk involved in ahead care scam, -- medicare scam, fake claims, that is long-standing it has happened with welfare benefits and other things, one other thing that always makes it more complicated, when you have programs that are administered by bureaucrats and conceived by politicians, those are individuals that can be i think term is gotten to. might be induced to look the other direction, and organized crime does love government programs. neil: the bigger the sums for the program the more ripe they are for this sort of thing? >> you know, in the old country where the cavuto regime is, your family. >> that is lovely. >> not cool. >> look. hey, you know, score one for the mafia, zero for the government, they out smarted government for a while. >> i like how they have veered from liquor to this
in reminds you what happened in washington, you remember solyndra, with dead folks getting homebuyer tax credits. chris, what do you make of this? >> this is something we're familiar with in the united states. medicare for example, we've seen a lot of prosecutions over the years of organized crime folk involved in ahead care scam, -- medicare scam, fake claims, that is long-standing it has happened with welfare benefits and other things, one other thing that always makes it more...
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Jan 24, 2013
01/13
by
CNBC
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eye 394
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. >> are we going to see higher taxes after we saw higher taxes at the beginning of the year? >> no, no, you're not, and i think the president probably does know that, but we're not going to see higher taxes. i don't think anybody thinks that it's a good idea to keep pay more taxes when you don't fix the spending problem. i can't tell you how many people have come to me that said, eric, if you fix the problem, i don't mind contributing more, but we haven't even begun to fix the problem and that's the issue. on taxes, maria, i think we do have an opportunity to engage in that kind of discussion. we've got this sequestration that will hit march 1st. we have a continuing resolution that will come at the end of that month. there are all kinds of trigger points, if you will, that will facilitate more of these discussions and hopefully will lead to a much broader solution than just going about these kind of discretionary cuts. >> let me get your take on the low hanging fruit in terms of spending cuts. medicare, medicaid, social security, health care costs, the drivers of the debt. w
. >> are we going to see higher taxes after we saw higher taxes at the beginning of the year? >> no, no, you're not, and i think the president probably does know that, but we're not going to see higher taxes. i don't think anybody thinks that it's a good idea to keep pay more taxes when you don't fix the spending problem. i can't tell you how many people have come to me that said, eric, if you fix the problem, i don't mind contributing more, but we haven't even begun to fix the...
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Jan 28, 2013
01/13
by
KQED
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eye 80
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temporary taxes passed. the budget looks a lot better. i think this was the governor's chance to pivot, to pivot to talking about what makes california great, how we get them back on track. don't worry, we're getting there. so i took this as a real optimistic speech with a lot of details, a lot of brown history facts. and really a message i think not only to the legislature but to the public of, like, i'm watching it. we're going to be careful, but we're going to move forward. >> and, john, you mentioned he was very quirky in his speech. clearly the governor is enjoying his popularity right now and quoted everyone from philosophers and poets. let's take a listen. >> i'm sorry, say again? >> the most diverse, creative and longest standing mass migration in the history of the world. that's california, and we are sons and daughters. this special destiny never ends. it slows. it falters. it goes off the track. and ignorance and prejudice but soon resumes again. more vibrant and more stunning in its boldness. >> so, john, how has the speech be
temporary taxes passed. the budget looks a lot better. i think this was the governor's chance to pivot, to pivot to talking about what makes california great, how we get them back on track. don't worry, we're getting there. so i took this as a real optimistic speech with a lot of details, a lot of brown history facts. and really a message i think not only to the legislature but to the public of, like, i'm watching it. we're going to be careful, but we're going to move forward. >> and,...
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115
Jan 25, 2013
01/13
by
CNBC
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eye 115
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payroll taxes are nothing more than temporary tax cut was a rebate. like bush had two rebates that didn't work. obama had two rebates that didn't work. people know it's not permanent and pay down their credit cards but doesn't affect spending. got to go. hang on. when we come back you can whack at me. we got two major earnings reports out after today's close bell. we begin with microsoft, john joins us with the details. >> reporter: microsoft turned in solid results. revenue just a little bit short of expectations at 21.46 billion dollars. eps a penny better at 76 cents. microsoft says when you count deferred revenue thing are actually a little bit better than that. a couple of highlights. windows, the windows group did better than expected at 5.8 billion in revenue. the business division did a little shy at 5.7. now jane wells has a little bit on starbucks, another big company. jane? >> reporter: john, shares have been up after hours. they were up over 3% at one point. starbucks reported its best holiday ever, best earnings per share ever at 57 cents
payroll taxes are nothing more than temporary tax cut was a rebate. like bush had two rebates that didn't work. obama had two rebates that didn't work. people know it's not permanent and pay down their credit cards but doesn't affect spending. got to go. hang on. when we come back you can whack at me. we got two major earnings reports out after today's close bell. we begin with microsoft, john joins us with the details. >> reporter: microsoft turned in solid results. revenue just a little...
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132
Jan 22, 2013
01/13
by
CNBC
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eye 132
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some basic tax planning thing. he's probably paying, let's get the number here, more on the order of around 50% to 52%, that's being very conservative. the top paid americans when you look at the irs code, the highest paid 400 earners and millionaires are paying around 20%, that's the average for most millionaire earners. between 20% and 50%, not 62% or 63%. >> what we can tell of his income, his income mostly derives from tournament wings or endorsement income. it's not investment income, which is how the wealthy people typically lower their rated. >> he's correct, he's the guy getting hit. you're talking about people who earn a lot of money in ordinary income, they are the ones getting hit. he's like a lot of rich guys, especially in california now who are saying maybe this is -- >> move to florida, right? >> he probably has a point but he still will be taking home $25 million. someone with such a great image in golf t doesn't send the right message. >> many are accusing him of being a whiner about this. >> also
some basic tax planning thing. he's probably paying, let's get the number here, more on the order of around 50% to 52%, that's being very conservative. the top paid americans when you look at the irs code, the highest paid 400 earners and millionaires are paying around 20%, that's the average for most millionaire earners. between 20% and 50%, not 62% or 63%. >> what we can tell of his income, his income mostly derives from tournament wings or endorsement income. it's not investment...
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Jan 28, 2013
01/13
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CNBC
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eye 195
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it set a more effective tax system. it reduced taxes going forward. and i think we could have had a booming environment. i may be wrong. that's my own personal belief. if we had a grand bargain, america will take off. i think it's very important for america to get strong. the rest of the world needs us to. europe still has its issues. i think it's important that america kind of took the lead here. >> what does your gut tell you about all of this money moving into stocks recently? do you think this is sustainable? >> yeah, if the economy grows, it's sustainable. you know, it's not just america, it's european, japanese and chinese companies. but you're still buying them at fairly good prices. and your alternatives aren't really that good. so, yes, i'm comfortable owning stocks right now. >> my thanks to jamie di plrksz on. >>> the state of business, the state of investors and the state of europe all part of the conversation here this week from citi ceo to a billionaire philanthropist. here's what they had to say. >> our strategy is really focused around
it set a more effective tax system. it reduced taxes going forward. and i think we could have had a booming environment. i may be wrong. that's my own personal belief. if we had a grand bargain, america will take off. i think it's very important for america to get strong. the rest of the world needs us to. europe still has its issues. i think it's important that america kind of took the lead here. >> what does your gut tell you about all of this money moving into stocks recently? do you...
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Jan 25, 2013
01/13
by
KQED
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eye 108
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it's all about raising taxes and cutting spending. and there's no discuss about growth. and that is what americans really want. growth and jobs. what do we have to do to get growth? >> well, the badh6+suz there, susie s that while higher growth is by far the best remedy, it's very hard to put if into effect. in a sizable way. you need more investment in human beings, that's education and so on. you need more investment in physical plant and equipment. and you need to promote technology. >> we're doing all those things, so you know we're not exactly getting a on any of them so it would be nice if we could get a on all of them and then we could do better. but i think it's unrealistic to think that growth is going to do the whole job. >> what about the federal reserve. it has its first meeting this year next week. is there anything more than the fed can do besides keeping interest rates superlow? >> not that much. the fed is more or less restricted to working on interest rates and things that are related, closely related to interest rates. i think really if we're going to g
it's all about raising taxes and cutting spending. and there's no discuss about growth. and that is what americans really want. growth and jobs. what do we have to do to get growth? >> well, the badh6+suz there, susie s that while higher growth is by far the best remedy, it's very hard to put if into effect. in a sizable way. you need more investment in human beings, that's education and so on. you need more investment in physical plant and equipment. and you need to promote technology....
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Jan 28, 2013
01/13
by
CNBC
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eye 170
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this may be the most dangerous tax season ever. our senior correspondent scott is on the case for us. hi, scott. >> hi, sue. dangerous. irs about to start electronic filing season and we will tell you why this tax season could be your worst nightmare and what the irs is or isn't doing. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. it's part of what you slove about her.essing. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready
this may be the most dangerous tax season ever. our senior correspondent scott is on the case for us. hi, scott. >> hi, sue. dangerous. irs about to start electronic filing season and we will tell you why this tax season could be your worst nightmare and what the irs is or isn't doing. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long,...
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84
Jan 24, 2013
01/13
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CNBC
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eye 84
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taxes. realtors tell me that sellers rushed to do the deals before january 1st to avoid the potential tax hikes on capital gains. the big surprise was that sales are even continuing through this january, and inventory is getting very thin. brokers tell me the wealthy want somewhere safe to put all this cash, and they are turning to real estate. here are a few properties that are still for sale and could still be yours in the hamptons. this estate in bridgehampton could be yours for 43 million bucks. 12 bedrooms, get this, two bowling aliz, a tennies in court, a rock climbing wall and a full disco. or for the
taxes. realtors tell me that sellers rushed to do the deals before january 1st to avoid the potential tax hikes on capital gains. the big surprise was that sales are even continuing through this january, and inventory is getting very thin. brokers tell me the wealthy want somewhere safe to put all this cash, and they are turning to real estate. here are a few properties that are still for sale and could still be yours in the hamptons. this estate in bridgehampton could be yours for 43 million...
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158
Jan 23, 2013
01/13
by
FBC
tv
eye 158
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without paying extra taxes. certainly if they took on debt and used debt to pay back to dividends and buy back from investors that would help brighten the outlook. a dividend or higher dividend could have helped stop some of the bleeding over the past few months going from 700 down to 500. david: it is ironic today we're also reporting netflix because a lot of question about content, the key for netflix and a lot of companies that stream stuff over the internet. that is a lot of what apple is doing now and hoping to do in the future has to do with content deals with hollywood studios. how using that cash in a way netflix could not to make deals with hollywood, to get more content streaming on the apple line? >> it is certainly a possibility and, you know, it would certainly be a new venture for them in terms of not necessarily being in the tv business. the apple tv is a bit of a black box in terms do they go in the set-top box market or make a full product? how do they get content? how do they work with the cabl
without paying extra taxes. certainly if they took on debt and used debt to pay back to dividends and buy back from investors that would help brighten the outlook. a dividend or higher dividend could have helped stop some of the bleeding over the past few months going from 700 down to 500. david: it is ironic today we're also reporting netflix because a lot of question about content, the key for netflix and a lot of companies that stream stuff over the internet. that is a lot of what apple is...
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Jan 22, 2013
01/13
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CNBC
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. >>> phil mickelson is teed off about taxes. he is threatening to leave california thanks to a higher tax rate on the wealthy. we will talk to robert frank about this in a minute, but first, jane wells, does he have a point? >> the wonder is why he stayed so long, except san diego is a nice place. florida is nice, too. mickelson will pay california a new rate of 13.4% retroactive to the beginning of last year. running the numbers, "sports illustrated" estimates he made 60 million in 2012, that means 64 million in ju 6.4 million in california taxes, and he owes an extra 1.8 million. but if he moves, california loses everything. some of those smaller tournaments may leave the state if golfers decide to golf at rival events. tiger woods and the williams sisters long ago left california for florida, maybe not for tax purposes but they haven't moved back. lebron james went to the heat instead of the heat so the clippers could save tens of millions over his contract. and taxes were in the conversation when peyton manning was debating
. >>> phil mickelson is teed off about taxes. he is threatening to leave california thanks to a higher tax rate on the wealthy. we will talk to robert frank about this in a minute, but first, jane wells, does he have a point? >> the wonder is why he stayed so long, except san diego is a nice place. florida is nice, too. mickelson will pay california a new rate of 13.4% retroactive to the beginning of last year. running the numbers, "sports illustrated" estimates he made...
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Jan 25, 2013
01/13
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WJZ
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it's all about raising taxes and cutting spending. and there's no discuss about test test test. to do to get growth? >> well the badh6+suz there susie s that while higher growth is by far the best remedy it's very hard to put if into effect. in a sizable way. you need more investment in human beings that's education and so on. you need more investment in physical plant and equipment. and you need to promote technology. >> we're doing all those things, so you know we're not exactly getting a on any of them so it would be nice if we could get a on all of them and then we could do better. but i think it's unrealistic to think that growth is going to do the whole job. >> what about the federal reserve. it has its first meeting this year next week. is there anything more than the fed can do besides keeping interest rates superlow? >> not that much. the fed is more or less restricted to working on interest rates and things that are related closely related to interest rates. i think really if we're going to get a big push to growth it's got to come from the government. and believe it o
it's all about raising taxes and cutting spending. and there's no discuss about test test test. to do to get growth? >> well the badh6+suz there susie s that while higher growth is by far the best remedy it's very hard to put if into effect. in a sizable way. you need more investment in human beings that's education and so on. you need more investment in physical plant and equipment. and you need to promote technology. >> we're doing all those things, so you know we're not exactly...
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Jan 29, 2013
01/13
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CNBC
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here is the pitch, no state taxes. better than sunshine. ♪ let's go. ♪ ♪ ♪ [ male announcer ] introducing the all-new cadillac xts... another big night on the town, eh? ...and the return of life lived large. ♪ >>> coming up on the "closing bell," coming up two stocks, apple down, research in motion is hot. which is the better stock to buy right now. we, of course, have that trade. plus, did amazon have a happy holiday? instant analysis of the online retailer's earnings. the dow inching closer to an all-time high. mark far ber is not impressed. find out why he's calling for a 20% selloff this year. they don't call him dr. doom for nothing. first "street signs." >> thanks very much, scotty, we're looking forward to it. we have breaking news here. what you're looking at is the president live in las vegas. he's going to be laying out his immigration reform plan. here on "street signs" we were talking about immigration, about 11 million illegal immigrants in the country. talking about growth if we made them legal.
here is the pitch, no state taxes. better than sunshine. ♪ let's go. ♪ ♪ ♪ [ male announcer ] introducing the all-new cadillac xts... another big night on the town, eh? ...and the return of life lived large. ♪ >>> coming up on the "closing bell," coming up two stocks, apple down, research in motion is hot. which is the better stock to buy right now. we, of course, have that trade. plus, did amazon have a happy holiday? instant analysis of the online retailer's...
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Jan 24, 2013
01/13
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CNBC
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he could stand up for all the tax oppressed people in california and it is one tax oppressing place and he could stand up for them and be a spokesman and say you guys are driving loyal people like myself out of here because you're taking so much out of my paycheck. >> if you want to broad i don't know the tax debate, california has come out and said we've balanced the budget, so why take that personalin come t income t they finally got the budget right. whether you make 50,000 or 50 million, taxes hurt. >> other people who have moved around and we talked about tiger woods, what about lebron james? he was a great basketball star in cleveland. when he went to florida to the miami heat, a lot of people in new york said to avoid new york tax rates. anything to that? >> i think obviously there's no doubt when you're signing hundred million dollar contracts having no individual income tax is a big deal but this guy is going to be a billionaire someday. he had more control over putting this team together, there was more freedom over what players could go there. i trip it's always a factor. the
he could stand up for all the tax oppressed people in california and it is one tax oppressing place and he could stand up for them and be a spokesman and say you guys are driving loyal people like myself out of here because you're taking so much out of my paycheck. >> if you want to broad i don't know the tax debate, california has come out and said we've balanced the budget, so why take that personalin come t income t they finally got the budget right. whether you make 50,000 or 50...
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Jan 24, 2013
01/13
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CNBC
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taxes came from taxes on fast-food and property taxes. so you ended up taxing the rich more, right? because the bigger your property was, the more you paid. >> a lot of people feel there will be cut backs in other areas to make up for the lack of income. or as michelle talked about, can they make it up in other areas. >> money moves to taxes that get rid of their -- states that get rid of income tax. like $150 billion over the last 15 years, according to "how many walks" moved from states that had income tax to states that didn't. the nine highest taxed states lost a hundred billion of income -- of wealth, rather. it is proven it works. it attracts wealth to your state by getting rid of income tax. >> i couldn't believe this but for the billionaire that has everything. michael dell is on order to buy a boeing 787 dreamliner. i don't know if it is him per se buying it or whether the corporation that behind him that does it. >> this is a mystery p.m. pep familiar with him say it isn't his style to have a big plane like this. it is done through international leasing. it could be that t
taxes came from taxes on fast-food and property taxes. so you ended up taxing the rich more, right? because the bigger your property was, the more you paid. >> a lot of people feel there will be cut backs in other areas to make up for the lack of income. or as michelle talked about, can they make it up in other areas. >> money moves to taxes that get rid of their -- states that get rid of income tax. like $150 billion over the last 15 years, according to "how many walks"...
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Jan 28, 2013
01/13
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CNN
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think the solution that you're telling me you're going to do in your next term is you're going to raise taxes on the wealthy, i'm more than willing to pay that. i'm supportive of that. but that will raise $80 billion. even less now because they cut it from 250 as the cutoff. that will run the country for eight days. $10.4 billion a day. that's not even going to scratch the $1.1 trillion. what else are we going to do? he said i think what will happen is the republicans will have a kick-around and we'll start working together. i said as long as there's demonization, there's no chance of coming up with an intelligent compromise. an adviser for the president said i think that's enough. he said no, he said tony has given us creative tension and he pulled me aside and said, come to the white house and we'll talk about this. we have to have a unifying message. we're missing that right now. >> as you say, something's changed in america. now there are many rivals for that position. that will increase over the next few decades. america has to respond. it can't respond perhaps in the way it would have d
think the solution that you're telling me you're going to do in your next term is you're going to raise taxes on the wealthy, i'm more than willing to pay that. i'm supportive of that. but that will raise $80 billion. even less now because they cut it from 250 as the cutoff. that will run the country for eight days. $10.4 billion a day. that's not even going to scratch the $1.1 trillion. what else are we going to do? he said i think what will happen is the republicans will have a kick-around...
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Jan 22, 2013
01/13
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CNBC
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frustrated about higher taxes? so is golf pro phil michelson who suggested, quote, drastic changes ahead for him because of tax pain. we're going to discuss whether rich people are really moving to avoid the tax man's blow. next. >> we have certainly stories on that. >> litter, a super conservative governor raises taxes to fund her state's responsibility for the new health care law. stick around. could happen in for states as well. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. >>> you've probably heard by now golf phil michelson has apologized for those remarks that he said over the weekend when he said big changes would be coming in his own life due to his rising tax rate in california but didn't go so far as to say those changes were not coming with that apology. brian schactman has that story. >> well, you know, phil sa
frustrated about higher taxes? so is golf pro phil michelson who suggested, quote, drastic changes ahead for him because of tax pain. we're going to discuss whether rich people are really moving to avoid the tax man's blow. next. >> we have certainly stories on that. >> litter, a super conservative governor raises taxes to fund her state's responsibility for the new health care law. stick around. could happen in for states as well. at a dry cleaner, we replaced people with a...
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Jan 27, 2013
01/13
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MSNBC
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but what you taste is the fruit. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. s our and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best investment services company." >>> if you thought you saw the last of scott brown. the former senator is leading by a 22-point margin for senator john kerry's soon to be vacant seat. perhaps this is his return to washington that he hinted about. >>> spelling might not be in the senator's wheelhouse. three straight tweets posted around midnight showed spell check would be a good idea. misspelled words including you're. and he butchered whatever. >>> a member of the super bowl
but what you taste is the fruit. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. s our and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't...
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Jan 28, 2013
01/13
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CNBC
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the fiscal cliff was a big issue on the tax side. we've extended the debt ceiling to may. that really could be july. i don't know that they represent the risks that a lot of people thought was represented in august 2011 heading into it. we realize hindsight, yields did not spike dramatically. we didn't get a massive number of investors whether it was institutions, pension funds that were forced out of treasuries. because of that aaa rating gone. i think we learned some lessons. but i still think unfortunately washington and the ranker and the political system remains one of them. >> it sounds you're not as worried about washington. >> we're sadly becoming immune to their antics. >> we'll leave it there. good to see you. thank you so much. >>> about ten minutes to go before we close it up on monday on wall street here. dow jones industrial average still hanging in just below 13,900. >>> well, it has been the feud that continues to be the buzz on wall street. >> and in 2003 i get a call from this ackman guy. he's like the cry baby in the schoolyard. >> carl icahn does not ha
the fiscal cliff was a big issue on the tax side. we've extended the debt ceiling to may. that really could be july. i don't know that they represent the risks that a lot of people thought was represented in august 2011 heading into it. we realize hindsight, yields did not spike dramatically. we didn't get a massive number of investors whether it was institutions, pension funds that were forced out of treasuries. because of that aaa rating gone. i think we learned some lessons. but i still...
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Jan 28, 2013
01/13
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FOXNEWS
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we just had a $650 billion tax increase we are not going to do another one. these were cuts in law and they need to be altered. the president in his debate with governor romney said the sequester will not happen, and he's got to step up and help us work our way through that, because it does cut too much, in my opinion, the defense department. they've already had a big cut. this will be another big cut. and i think it's dangerous for the defense department and will do damage in a way that we should not do. bill: i mentioned the senate hasn't passed a bulge net four years. bya because you asked, rich writes, how can you determine how much you will need to increase the debt ceiling without a budget? how do we understand that riddle? >> that is exactly correct. a budget process engages the entire senate, and the united states people in a national discussion of how much taxes, how much spending, how much debt we're going to be able to have and get by and do. and so that is really, really critical, and that process has been gone for four years. we are stumbling fro
we just had a $650 billion tax increase we are not going to do another one. these were cuts in law and they need to be altered. the president in his debate with governor romney said the sequester will not happen, and he's got to step up and help us work our way through that, because it does cut too much, in my opinion, the defense department. they've already had a big cut. this will be another big cut. and i think it's dangerous for the defense department and will do damage in a way that we...
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Jan 24, 2013
01/13
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FBC
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by instituting some type of tax. what would you say to a governor who's thinking about doing something like that? >> i would say we cannot tax our way and solve this problem, any of these problems. we can't tax and provide solutions. it has never provided solutions. we can only grow our way out of the current situation, and growth means coming together as business, as government to try and create the necessary platform so that business can continue to invest. we are, we have invested $10 billion in the united states in the last three years. we still see great opportunities in the united states. when you look at the top 15 brands in the business of nonalcoholic beverages in the united states, there's actually been growth in those top 15 brands in the united states. so brands are growing. maybe the industry is not growing as a whole, but the brands, key successful brands are growing, and by the way, in dollar value the industry's grown 3% in the last three years. liz: continuing waving the coca-cola flag, thank you ver
by instituting some type of tax. what would you say to a governor who's thinking about doing something like that? >> i would say we cannot tax our way and solve this problem, any of these problems. we can't tax and provide solutions. it has never provided solutions. we can only grow our way out of the current situation, and growth means coming together as business, as government to try and create the necessary platform so that business can continue to invest. we are, we have invested $10...
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Jan 26, 2013
01/13
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CNN
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because static, when you raise taxes, that additional taxes because of the cliff deal, that adjusts the baseline. that is going to make the numbers look somewhat differently. right? and we veal to make some choices, no question about it. but we have committed to putting a budget out there that will actually bring it to balance within ten years. >> there's fot got sob some big change -- >> we haven't seen the numbers yet but i'm telling you this added baseline adjustment, because of the revenues, because you're statally scoring it, is going to have an effect.ically s going to have an effect. there are things we've got to do. you cannot keep spending this kind of money, and it's driven by the health care costs coupled with the demographics. we've got to do something to control it. >> right. >> i think most people would say -- >> but there are proposals out there. paul ryan had them. the republicans couldn't get behind that either. the fact is nobody seems to want to own up to a budget that is going to hurt. there's no solution that's not going to hurt. >> the ryan budget, the last one, di
because static, when you raise taxes, that additional taxes because of the cliff deal, that adjusts the baseline. that is going to make the numbers look somewhat differently. right? and we veal to make some choices, no question about it. but we have committed to putting a budget out there that will actually bring it to balance within ten years. >> there's fot got sob some big change -- >> we haven't seen the numbers yet but i'm telling you this added baseline adjustment, because of...
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Jan 22, 2013
01/13
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LINKTV
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from climate change to the tax code, he promised reforms. >> our interests compel us to act on those who long for freedom. >> every word was meant to reinforce a progressive agenda. >> our agenda is not clear unless everybody is treated equally under the law. >> the theme of racial and sexual equality was front and center, i think a lot of the second term will be devoted to a lot of other things. >> the president takes one last look noting he will not ever see this again. he will not be the focus of another 9000-person parade. he could barely stop himself from dancing until he got the chance to, for he begins what is expected to be a fierce fight with congress if he hopes to make any additions to his legacy. companybia's state oil is planning rebels for an explosion of a pipeline. it cost a small spill -- it caused a small sill. pill. a truce was declared. at least 60,000 people have been killed in the past six years. many police officers have also died in the line of duty. are leaving the force because they say it is no longer worth the risk. >> armed men held this entire town hosta
from climate change to the tax code, he promised reforms. >> our interests compel us to act on those who long for freedom. >> every word was meant to reinforce a progressive agenda. >> our agenda is not clear unless everybody is treated equally under the law. >> the theme of racial and sexual equality was front and center, i think a lot of the second term will be devoted to a lot of other things. >> the president takes one last look noting he will not ever see this...